According to the folks at The New Carbon Cycle:
“In what may be the first payment for mandatory greenhouse gas emission reduction credits or “carbon credits” in the United States, ConocoPhillips agreed to pay around $10 million to offset greenhouse gas emissions that will be emitted by the expansion of its Bay Area refinery. On Tuesday, [...]

Market analysts, Point Carbon, have issued a press release (PDF) predicting EUA prices to rise above 20 euros/tonne level, as carbon-emitting firms increasingly seek permits.
(Hat tip: Joz Cozijnsen at New Values Community)
Technorati Tags: EUA prices, carbon-emitting

The Association of British Insurers, ABI, is pleading for insurance companies to take a higher responsibility in assessing the implications of climate change, according to the FT. The industry is among the hardest hit by climate change, which has cost them an average of £825m a year since 1990. The ABI has asked them to [...]

Danish statistician and environmentalist-sceptic, Bjorn Lomborg, has just published a new book, “Cool It - The Skeptical Environmentalist’s Guide to Global Warming” (Knopf, 2007). From the book’s blurb:
“Bjorn Lomborg argues that many of the elaborate and expensive actions now being considered to stop global warming will cost hundreds of billions of dollars, are [...]

Following the blog about how the carbon offset industry in the Australian state New South Wales has bloomed in recent months, a new report in the Sydney Morning Herald tells how one of the biggest eco-friendly companies - Easy Being Green, has gone out of business, laying off 150 employees and 100 contractors following the [...]